3500 Tennyson St, Denver, CO 80212

8 beds8 baths4,820 sqft Edit

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Off Market
Zestimate®: $782,695
Rent Zestimate®: $4,043/mo
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A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.

My Notes

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This 8-unit apartment building includes 8-1Br/1Ba apartment units. The average rental rate for 6 above grade units is $720 per month. However, the last unit was rented for $775 per month, which indicates there is likely an immediate opportunity to increase rental rate immediately. The lot size is 9,375sf and site is zoned U-RH-2.5, which allows for 3 residential town homes to be developed at 2.5 stories. There is an example of allowed residential development two doors to the north, where developer is building 4 large town homes on 12,500sf site with same zoning. The property is separately metered for electricity and tenants are billed directly by Xcel for expense. The property is master metered for heat and water, but tenants are billed back for this expense one month in arrears after Seller receives invoice for expense incurred. Heat is provided by single boiler thru hot water baseboard system. There are 9 off-street parking spaces. T  More Less 

Facts

  • Multi Family
  • Built in 1973
  • Views: 144 all time views
  • Heating: Baseboard

    Features

    • Parking: Off street, 9 spaces

        Appliances Included

        • Dryer
        • Refrigerator
        • Washer

        Construction

        • Roof type: Other
        • Stories: 1
        • Structure type: Ranch
        • Unit count: 8

        Other

        • Floor size: 4,820 sqft
        • Laundry: In Unit
        • Zillow Home ID: 2112624629

        Zestimate Details

        Zestimate
        A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

        The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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        $782,695
        +$14,520 Last 30 days
        $626K
        $1.03M
        Zestimate range
        Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

        The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
        $4,043/mo
        +$279 Last 30 days
        $2.2K
        $4.9K
        Zestimate range
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        $XXX,XXX
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        Popularity on Zillow

        144 all-time views
        of this home (chart)

        Comparable Homes

        Homes like this sold for $399-870K.

        $350K
        $920K

        Mortgages

        Neighborhood

        Market guide

        Zillow predicts West Highland home values will increase 0.4% next year, compared to a 1.2% increase for Denver as a whole. Among West Highland homes, this home is valued 103.8% more than the midpoint (median) home, but is valued 50.3% less per square foot.

        Foreclosures will be a factor impacting home values in the next several years. In West Highland, the number of foreclosures waiting to be sold is 23.8% less than in Denver, and 33.3% lower than the national average. This lower local number could help West Highland home values rise more quickly than other regions in Denver.

        Learn more about forecast calculations or West Highland home values.
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          Nearby Schools in Denver

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